Xiaomi Shares Jump 9% on Strong Orders for New EV Model
Xiaomi Corp shares jumped the most in three months after the Chinese electric vehicle maker reported strong order numbers for its SkyNomad model.
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Xiaomi Corp shares jumped the most in three months after the Chinese electric vehicle maker reported strong order numbers for its SkyNomad model.
Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing to begin premarketing for a Hong Kong initial public offering (IPO) of more than US$100 million as early as this week, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) last week, clearing the final regulatory hurdle for a share sale in the city, the people said, requesting anonymity because the information is private. According to...
Figures from some of Chinaโs most prominent firms โ including electric vehicle maker BYD and smart manufacturing giant Xiaomi โ are likely to accompany President Xi Jinping on his trip to the US next week, according to two sources with knowledge of the matter. The entourage would draw a parallel to the coterie of CEOs that US President Donald Trump brought to Beijing in May, and could signal greater potential for investment deals as part of the high-profile summit. According to one of the...